Comments on: Cash For Clunkers Ends Monday: Here’s Why I’m Keeping My Clunker http://millionairemommynextdoor.com/2009/08/cash-for-clunkers-ends-monday-heres-why-im-keeping-my-clunker/ A self-made millionaire shares her recipe for success, happiness and financial freedom Tue, 09 Mar 2010 00:59:54 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Chad @ Sentient Money http://millionairemommynextdoor.com/2009/08/cash-for-clunkers-ends-monday-heres-why-im-keeping-my-clunker/comment-page-1/#comment-2345 Chad @ Sentient Money Thu, 03 Sep 2009 10:19:09 +0000 http://millionairemommynextdoor.com/?p=885#comment-2345 No matter how the program was actually marketed, it was never a program to directly benefit the people or the environment. It was designed to be a subsidy for the auto companies. By putting it in this form there was less outrage. It increased sales and reduced the number of used cars that can now be resold. It will be interesting to see how far sales fall now that this program is over. I would think rather substantially. No matter how the program was actually marketed, it was never a program to directly benefit the people or the environment. It was designed to be a subsidy for the auto companies. By putting it in this form there was less outrage. It increased sales and reduced the number of used cars that can now be resold.

It will be interesting to see how far sales fall now that this program is over. I would think rather substantially.

]]> By: Steph http://millionairemommynextdoor.com/2009/08/cash-for-clunkers-ends-monday-heres-why-im-keeping-my-clunker/comment-page-1/#comment-2341 Steph Wed, 02 Sep 2009 21:36:24 +0000 http://millionairemommynextdoor.com/?p=885#comment-2341 Was the impact on the environment and what ever improvement to the economy worth the wastefulness of it all? I have to wonder if it wouldn't have been better to just let those clunkers run until they couldn't run any more. Eventually they would be off the road but if a person chose to continue to pour repair and gas money into it that's thier choice. It seems to me there were better ways the money could have been spent or better yet, not spent at all. While I would have taken advantage of the program if I was in the position (my chevy has 175,000 miles and gets 29 mpg), it seems unfair to award those who have been driving those gas guzzlers. And then there is the road work. There are 100s of roads that desparately need attention but they tore up highways that had plenty of useful life left to give people jobs. That's what the $2000 signs say, anyway. Was the impact on the environment and what ever improvement to the economy worth the wastefulness of it all? I have to wonder if it wouldn’t have been better to just let those clunkers run until they couldn’t run any more. Eventually they would be off the road but if a person chose to continue to pour repair and gas money into it that’s thier choice. It seems to me there were better ways the money could have been spent or better yet, not spent at all. While I would have taken advantage of the program if I was in the position (my chevy has 175,000 miles and gets 29 mpg), it seems unfair to award those who have been driving those gas guzzlers.

And then there is the road work. There are 100s of roads that desparately need attention but they tore up highways that had plenty of useful life left to give people jobs. That’s what the $2000 signs say, anyway.

]]> By: Beth L. Gainer http://millionairemommynextdoor.com/2009/08/cash-for-clunkers-ends-monday-heres-why-im-keeping-my-clunker/comment-page-1/#comment-2311 Beth L. Gainer Sat, 29 Aug 2009 19:14:52 +0000 http://millionairemommynextdoor.com/?p=885#comment-2311 Great point about buying used cars rather than a new car that depreciates quickly. Also, leasing cars is a waste of money. I learned that the hard way.... Great point about buying used cars rather than a new car that depreciates quickly. Also, leasing cars is a waste of money. I learned that the hard way….

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